Multi-housing / PRS

Promenade at Valley Creek

4608 W. Northgate Dr. Irving, TX United States 75062
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A

Key Facts

Year Built 1984
Occupancy 93.0 %

Property Description

380 unit Class B multifamily property, built in 1984 in Irving, TX

Investment Highlights

Jones Lang LaSalle Americas. Inc. or its state-licensed affiliate has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest in Promenade at Valley Creek (the “Property”), a 380 unit Class “B” asset located in Irving, TX. Built in 1984, the Property sits on President George Bush Turnpike (“TX-161”) just southeast of Dallas/Fort Worth International Airport, within close proximity to numerous employment centers including the greater Las Colinas office and hospitality market, the new office and industrial DFW South project, and the Great Southwest Industrial Park. Promenade at Valley Creek also benefits from excellent accessibility sitting on TX-161 which connects the Property to the sprawling freeway system interlocking the Dallas/Fort Worth Metroplex. Additionally, the Property offers potential investors the opportunity to continue or expand on the in-place renovation program by completing the remaining 68% of units to create additional value.
Roberto Casas
Roberto Casas
Senior Managing Director, Capital Markets Multi-Housing Group Leader
License details
TX-0512740
Rob Key
Rob Key
Managing Director, Capital Markets
License details
TX-509191

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